Simple Fibonacci levels provide the bullish signal here.
Since the All time Highs, ADAUSD was being rejected on the 0.236 Fibonacci retracement. Last time this level broke the uptrend has been sustained and no Lower Low has been made yet. This is a long term bullish signal.
Target: 0.08300 which is the 100% gap fill from the latest aggressive decline.
Since the All time Highs, ADAUSD was being rejected on the 0.236 Fibonacci retracement. Last time this level broke the uptrend has been sustained and no Lower Low has been made yet. This is a long term bullish signal.
Target: 0.08300 which is the 100% gap fill from the latest aggressive decline.
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